Settings8H · net · $10k
Funding arb · Price arb /

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0390%/8h= +42.7% APRpaid last 24h +0.004%
Price spread now: Deribit against edgeX+0.118%7-day average +0.042% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.111%−$11 on $10k
Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.118%, 7d avg +0.042%
Together, before fees−0.160%+ Points / potential airdropedgeX: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Deribit is 0.076% dearer against edgeX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.042%. Mind the row above: over the last 7 days funding on this pair cost −0.111%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.111% in total (about -5.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX TAOUSDC315.770.0100pay 0.0050% / 4h45m 14s$35K$304K10x
ShortDeribit TAO_USDC-PERPETUAL316.140.0490get 0.0061% / 1h45m 14s$11K$1.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$81.9
Price spread: +0.118% → +0.042%
$7.6
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$73.5
Costs to cover
0.160%
Break-even
0.7 days
Slippage unknown: edgeX: live order book, 13 min ago; Deribit: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 13 min ago6.36 bp10.9 bp −$1122.7 bp −$227doesn't fitdoesn't fit
Sell Deribit live order book, 4 min ago18.78 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk TAO-USD−0.0499%1h315.15−0.196%$167K$1K10xas long as short
dYdX TAO-USD0.0000%1h315.83+0.019%$126K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h315.89+0.039%$20K150xas long as short
Kraken Futures PF_TAOUSD+0.0056%1h315.97+0.062%$5.6M$20.6M50xas long as short
Popdex TAOUSDT+0.0096%1h316.24+0.149%$42K$685K20xas long as short
Binance TAOUSDT+0.0100%4h316.02+0.079%$91.1M$489.7M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h315.90+0.041%$26.0M$119.6M50xas long as short
Gate TAO_USDT+0.0100%4h315.90+0.041%$12.9M$49.5M50xas long as short
MEXC TAO_USDT+0.0100%4h316.25+0.152%$105.7M$142.3M300xas long as short
KuCoin TAOUSDTM+0.0100%4h316.02+0.079%$17.6M$31.6M75xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget TAOUSDT+0.0100%4h315.93+0.051%$35.3M$55.8M50xas long as short
edgeX TAOUSDClong+0.0100%4h315.77long leg$35K$304K10x
ApeX Omni TAOUSDT+0.0100%1h315.84+0.022%$46K$252K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h316.04+0.086%$89K$790K5xas long as short
Bullet TAO-USD+0.0100%1h316.23+0.146%$12K$18K20xas long as short
SunX TAO-USDT+0.0100%4h316.11+0.108%$1K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h315.84+0.022%$109K$527K20xas long as short
Phemex TAOUSDT+0.0100%4h315.90+0.041%$3.2M$8.1M50xas long as short
Katana Perps TAO-USD+0.0101%8h315.75−0.006%$646$785K5xas long as short
Aevo TAO-PERP+0.0104%1h315.92+0.049%$173K$9983xas long as short
GRVT TAO_USDT_Perp+0.0106%4h314.83−0.297%$524K$944K10xas long as short
Orderly PERP_TAO_USDC+0.0124%4h316.10+0.105%$57K$275K10xas long as short
Bybit TAOUSDT+0.0143%4h316.14+0.117%$68.8M$146.4M50xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0152% / S +0.0116%1h315.91+0.043%$428K100xas long as short
BingX TAO-USDT+0.0184%4h316.11+0.108%$30.1Mas long as short
Paradex TAO-USD-PERP+0.0194%8h316.20+0.135%$14K$1K10xas long as short
Nado TAO-PERP+0.0195%1h315.99+0.071%$808K$2.2M10xas long as short
01 Exchange TAOUSD+0.0208%1h316.32+0.174%$3K$4K5xas long as short
Aster TAOUSDT+0.0224%4h316.07+0.095%$1.2M$10.1M50xas long as short
Hyperliquid TAO+0.0254%1h316.37+0.190%$94.3M$105.0M5xas long as short
Backpack TAO_USDC_PERP+0.0301%1h316.41+0.203%$317K$910K10xas long as short
Extended TAO-USD+0.0328%1h315.97+0.064%$922K$2.4M25xas long as short
BloFin TAO-USDT+0.0340%4h316.23+0.146%$4.5M$10.9M100xas long as short
Arcus TAO-USD+0.0345%1h316.41+0.203%$100K$488K5xas long as short
Pacifica TAO+0.0365%1h316.15+0.122%$363K$409K10xas long as short
Lighter TAO+0.0416%1h316.27+0.159%$1.5M$6.5M5xas long as short
Deribit TAO_USDC-PERPETUALshort+0.0490%1h316.14+0.118%$11K$1.6M25x
Phoenix TAO+0.0581%1h316.10+0.105%$315K$697K5xas long as short
Variational Omni TAO+0.0641%4h315.94+0.053%$5.8M$9.8Mas long as short
Reya TAORUSDPERP+0.0696%1h316.16+0.124%$36420xas long as short
RISEx TAO/USDC+0.0991%1h316.30+0.167%$437K$658K5xas long as short
Coinbase International TAO-PERP-INTX+0.1008%1h316.38+0.193%$1.5M$6.6M50xas long as short
Injective TAO/USDC PERP+0.4222%1h319.61+1.216%$23K$2K12xas long as short